Understanding Greenbrier Companies's Q3 2024 Financial Results: Earnings Insights and Analysis
Greenbrier Companies's Key Indicators in Earnings Report of Q3 2024
In the latest earnings report released by Greenbrier Companies, the following financial data are worthy of attention.
Actual Value | Estimated Value | YoY Change | |
---|---|---|---|
Revenue | US$820.200M | US$920.901M | -20.99% |
Net Profit | US$40.600M | - | +52.06% |
EPS | 1.060 | 1.130 | +65.62% |
Gross Margin | 15.09% | - | +22.32% |
Net Margin | 4.95% | - | +92.46% |
Greenbrier Companies Q3 2024 Earnings Call Transcript
Greenbrier Companies Q3 2024 Financial Performance
- Q3 2024 revenue was $820 million.
- EBITDA reached $104 million, 13% of revenue, and diluted EPS was $1.06.
Greenbrier Companies Q3 2024 Business Progress
- Launched ultra-high strength steel gondola and Multi-Max Plus for automobiles.
- Completed production line changeovers enhancing Q4 production.
Greenbrier Companies Q3 2024 Opportunity
- Innovations like ultra-high strength steel gondola expected to drive growth.
- Sees growth potential in international markets like Europe and Brazil.
Greenbrier Companies Q3 2024 Risk
- Needs careful monitoring of order performance to manage production rates.
- Operational shifts from line changeovers could impact short-term production.
Greenbrier Companies's Forecast By Third Party Analyst Rating of Q3 2024
- Third Party Analyst rating of Greenbrier Companies: Underperform
- Greenbrier Companies Target Price: US$42
- Greenbrier Companies EPS Forecast: US$1.290
- Greenbrier Companies Revenue Forecast: US$989.884M
- Greenbrier Companies EBIT Forecast: US$85.934M
For more information on what the analyst ratings may mean, visit https://pro.benzinga.com/blog/what-do-stock-analyst-ratings-mean/ (Benzinga is not affiliated with Moomoo Technologies Inc., Moomoo Financial Inc., or its affiliates.)
Greenbrier Companies's Institutional Ownership & Shareholders of Q3 2024
Holder | Shares Held | Shares Held (%) | Change (Shares) | Change (%) |
---|---|---|---|---|
BlackRock | 5,043,293 | 16.20% | -57,653 | -0.18% |
The Vanguard | 3,532,520 | 11.35% | -23,161 | -0.07% |
Dimensional Fund Advisors | 2,481,445 | 7.97% | -16,025 | -0.05% |
State Street Global Advisors | 1,226,630 | 3.94% | -10,818 | -0.03% |
American Beacon Advisors, Inc. | 971,556 | 3.12% | -47,868 | -0.15% |
SG Capital Management LLC | 906,348 | 2.91% | 818,176 | +2.63% |
Perpetual Limited | 852,640 | 2.74% | 63,894 | +0.21% |
Hotchkis and Wiley Capital Management, LLC | 781,940 | 2.51% | -9,120 | -0.03% |
Barrow, Hanley, Mewhinney & Strauss, LLC | 764,127 | 2.45% | -45,342 | -0.15% |
American Century Investment Management | 733,367 | 2.35% | 188,858 | +0.61% |
The institutional holding data for Greenbrier Companies shows a mixed performance. Major institutional investors like BlackRock and Vanguard have reduced their holdings, indicating a cautious stance. However, significant increases in holdings by SG Capital Management LLC and American Century Investment Management suggest optimism about the future performance of Greenbrier Companies. Overall, while there is a general trend of reduction among most institutions, the increased investments by specific entities provide positive signals to the market.
How to Buy Greenbrier Companies Stocks?
Step 1: Opening a Brokerage Account
To start trading stocks, the initial step is to acquire a brokerage account. When choosing an online stock brokerage, there are two critical factors to consider: brokerage offerings and a user-friendly platform. Moomoo app would be helpful.
Step 2: Deciding how many shares to buy
To gain initial experience, it's wise to paper trade using a stock market simulator. Alternatively, start with a small investment amount.
Step 3: Buying stocks using the right order type
To master stock buying, it's essential to understand three critical order types: market orders, limit orders, and stop orders.
Step 4: Placing the stock order with your brokerage
Where can I find when companies are scheduled to report their earnings?
On the earnings calendar of moomoo app, there is a list available for you to view the companies that are reporting earnings today.
Where can I find more information about Greenbrier Companies's earnings reports?
On the moomoo app, you can find financial data, earnings call summaries, analyst ratings, announcement AI summaries, etc. for each company.
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